COMEX Gold Update

Daily Futures Commentaries: [Comex Gold] 25/6/2018 - Almost unchanged, but remain at near 6 month low

InvestorsDoctor
Publish date: Mon, 25 Jun 2018, 11:35 AM
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25/6/2018

*Gold Aug 18*

Previous Close: 1270.7 +0.2

Gold mostly unchanged on last Friday but remains at low range.

Daily chart show gold in correction as technical indicators crossing down while candles formed lower highs & lows, but watch out for potential RSI oversold technical rebound.

*Classic Support & Resistance*
Resistance: 1286.8 1296.2
Support: 1262.4 1252.8

*Recommend Trading Plan for the day:*
1. Sell 1269.1, stop 1270.6, profit 1267.6/1266.1.

*Margin Requirement (per lot)*
USD 3410
Micro: USD 341

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